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Helen [10]
3 years ago
6

a company has net working capital of 661. long term debt is $4024, total assets are $6,129, and fixed assets are $3,894. what is

the amount of total liabilities
Business
1 answer:
BigorU [14]3 years ago
3 0

Answer:

$5,598

Explanation:

The computation is shown below:

As we know that

Total assets = fixed assets + current assets

$6,129 = $3,894 + current assets

The current asset is $2,235

Now

net working capital = Current asset - current liabilities

$661 = $2,235 - current liabilities

So, the current liabilities is $1,574

Now the total liabilities is

= Current liabilities + long term liabilities

= $1,574 + $4,024

= $5,598

Hence, the total liabilities is $5,598

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TCBW last year had an average collection period (days sales outstanding) of 33 days based on accounts receivable of $350,000. Al
sergeinik [125]

Answer:

$296,969.70

Explanation:

Days of sales outstanding = number of days in a period / receivables turnover

Receivables turnover = revenue / average receivables

33 = 365 / receivables turnover

receivables turnover = 11.060606

11.060606 = revenue / $350,000

revenue = $3,871,212.12

with the new policy and same revenue :

28 = 365  / receivables turnover

receivables turnover = 13.035714

13.035714 = $3,871,212.12 / average receivables

= $296,969.70

7 0
3 years ago
Branford has one share of stock and one bond. The total value of the two securities is $1,200. The bond has a YTM of 10.2%, a co
riadik2000 [5.3K]

Answer:

The price of the stock is expected to be $188.16 in 1 year.

Explanation:

This can be determined as follows:

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Expected stock price in 1 year = Current price of the stock * (100% + Expected return)^Number of year = $163.62 * (100% + 15.2%)^1 = $188.16

Therefore, the price of the stock is expected to be $188.16 in 1 year.

8 0
3 years ago
The process through which a product or service takes root initially in simple applications at the bottom of a market and then mo
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The process through which a product or service takes root initially in simple applications at the bottom of a market and then moves up, eventually displacing established companies, is referred to as <u>Disruptive Innovation</u>.

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Disruptive innovation refers to using a generation that upsets a structure, instead of "disruptive technology", which refers back to the era itself. Amazon, launched as an online bookstall in the mid-Nineties, is an example of disruptive innovation.

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Learn more about disruptive innovation here brainly.com/question/17185200

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8 0
11 months ago
Explain the four basic elements of all economic systems.
Alekssandra [29.7K]

Answer: They are personal consumption, business investment, government spending, and net exports.

Explanation:

6 0
3 years ago
Lucky started a new business last year. Since it was the first year of operation, the business purchased $10,000 in machinery an
gulaghasi [49]

Answer:

True

Explanation:

The reason is that the Internation Financial Reporting Framework says that though there are choices the company must opt to the depreciation method that brings fairness to the financial statement, which means that the method used calculates the depreciation for the year that actually represents the decrease in the value of the assets in market value. So if the current method brings the fairness to the Financial statements, Lucky can use them and if those don't bring fairness to the financial statements then its better to use alternative which will bring the fairness to financial statements.

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